Fresnillo PLC (FRES.L) reported annual attributable gold production of 473,034 ounces, an increase of 5.4% from last year, exceeding the full-year target of 460,000 ounces, mainly due to the successful first year of operations at Noche Buena and continuous ramp-up at Saucito. Annual attributable silver production of 41Moz, including 4.0Moz from the Silverstream, was in line with the company’s guidance.
Quarterly attributable gold production decreased by 20.6% compared to prior year. Quarterly attributable silver production of 10.6Moz, including the Silverstream, was slightly above fourth quarter of prior year. Quarterly silver production, excluding the Silverstream, increased by 4.2% over the fourth quarter of 2011.
